IRS are after YOU - US residents in Canada

Could be worse...you could live in Cyprus where the government raided savings accounts to pay for Cyprus bailout.

Scary situation. They pay taxes and then deposit their money into their bank accounts. Next, government does a poor job in managing the money and as a result gets itself into a debt crisis. To get bailout help, they agree with the EU to raid (steal is more accurate) the money you had deposited in your savings account. :eek:

If things don't improve in Europe, other EU countries will do the same.
 
Quote from burn8:

At what tax rate would your stated opinion change? I'll bet it is less than 100%

Maybe this person's tolerance level to giving up what he has earned to fund a corrupt, inefficient system is lower than yours.

You remind me of the guy that drives in the fast lane going 75 mph honking at people in front of you going slower, and yet yelling at the people on your tail about driving too fast.

-burn8
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Yes, my opinion would change at 100%. But it is not 100% and I have paid the maximum in my lifetime.

I do drive fast but never push or honk at people in front or yell at people in back unless it becomes unsafe. In most cases, I move over and sometimes I drive more slowly. Usually they move on or move over and often they are not the cause of the slowdown anyways.

If the system is corrupt, then fix that or change to a better system. But to fight a battle that you will lose for sure in the long run is pointless. Better to work on things you can do something about. For example I know more about tax treatment that some in the agency because I read and think a lot about it.
 
Quote from Optional:

Yes we should just give all our money to government. I know that I like to work 6 months of the year, yes, HALF THE FUCKING YEAR, To pay for government largesse.

Will you complain when they ask you to pay more?
And more?

It's a citizens duty to avoid tax as much as possible.
Evasion is different than avoidance.
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It's the citizens duty to change the government if it is wrong. I didn't read the 'avoid tax' amendment. Concentrate on the money you have left over, not a cost of doing business.

Or you can do what the majority of citizens do - quit and let the government look after you. Isn't that how we got the government we have. (And people wonder why there is huge unemployment among the youth - they get how to game the system).
 
Quote from wrbtrader:

Could be worse...you could live in Cyprus where the government raided savings accounts to pay for Cyprus bailout.

Scary situation. They pay taxes and then deposit their money into their bank accounts. Next, government does a poor job in managing the money and as a result gets itself into a debt crisis. To get bailout help, they agree with the EU to raid (steal is more accurate) the money you had deposited in your savings account. :eek:

If things don't improve in Europe, other EU countries will do the same.
More...

it's only a matter of time. the rules that allow this are already in place.
 
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